Gee buys western Wash. Subaru store
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Gee/Titus
BUYER: Gee Automotive Cos., Spokane, Wash.
SELLER: Bruce Titus Automotive Group
OLD NAME: Bruce Titus Eastside Subaru, Kirkland, Wash.
NEW NAME: Eastside Subaru
MORE: The store was once the No. 1 volume Subaru dealership in the nation. Gee Automotive now has six franchises under five rooftops. This is its first dealership in western Washington. Performance Brokerage Services handled the transaction.
Group 1/Morrissey
BUYER: Group 1 Automotive
SELLER: Pat Morrissey
NAME: Shawnee Mission Kia, Overland Park, Kan.
MORE: The store, which will retain its name, is expected to generate $65 million in annual revenues.
Landers/Lynch
BUYER: Scott Landers
SELLER: Jim Lynch
OLD NAME: Spirit Toyota, Hazelwood, Mo.
NEW NAME: Landers Toyota
MORE: Tim Wild of Tim Lamb Group was the buy/sell consultant.
Moore/Deathriage
BUYER: Michael Moore
SELLER: Paul and Mike Deathriage
OLD NAME: Monarch Ford, Exeter, Calif.
NEW NAME: Ford of Exeter
MORE: Paul and Mike Deathriage have owned and operated Monarch Ford since 1981. The store has been in the same location since the 1950s. Performance Brokerage Services handled the transaction.
Premier/Nokes
BUYER: Premier Automotive Group, Troy Duhon, president
SELLER: Tom and Brian Nokes
OLD NAME: Tracy Chrysler-Dodge-Jeep-Ram, Tracy, Calif.
NEW NAME: Premier Chrysler-Dodge-Jeep-Ram
MORE: Tom and Brian Nokes -- longtime multiline dealers in northern California -- purchased the dealership after it failed in 2008 and have now sold it to Premier. Performance Brokerage Services handled the transaction.
Premier/Nokes
BUYER: Premier Automotive Group, Troy Duhon, president
SELLER: Tom and Brian Nokes
OLD NAME: Tracy Hyundai, Tracy, Calif.
NEW NAME: Premier Hyundai
MORE: The operating partner is Tony Pappas, who relocated from Florida after 22 years managing one of the top-volume Hyundai dealerships in the nation. With the acquisition, Premier Automotive, based in New Orleans, now has 12 dealerships, with five in Louisiana and seven in California. Performance Brokerage Services handled the transaction.
Rairdon/Enderson
BUYER: Greg Rairdon, Rairdon Automotive Group
SELLER: Jack Enderson
OLD NAME: Burien Honda, Burien, Wash.
NEW NAME: Honda of Burien
MORE: With the acquisition, Rairdon's portfolio increases to seven dealerships and eight franchises. The sale follows the death of Jack Enderson.
Schmitt/Gerhard
BUYER: Jeff Schmitt
SELLER: Greg Gerhard
OLD NAME: Bob Daniels Buick-GMC, Columbus, Ohio
NEW NAME: Jeff Schmitt Buick-GMC
MORE: Tim Lamb of Tim Lamb Group was the buy/sell consultant.
Stanley/Heitz
BUYER: David Stanley
SELLERS: Marc Heitz, Larry Houchins and Chad Baker
OLD NAME: Marc Heitz Chevrolet, Norman, Okla.
NEW NAME: David Stanley Chevrolet of Norman
MORE: Tim Lamb of Tim Lamb Group was the buy/sell consultant.
Suburban/Serra
BUYER: Suburban Collection
SELLER: Serra Automotive
OLD NAME: Fisker of Detroit, Farmington Hills, Mich.
NEW NAME: Fisker of Troy, Troy, Mich.
MORE: Tim Lamb of Tim Lamb Group was the buy/sell consultant.
Terry/Battison
BUYER: Mike Terry, Chisholm Trail Auto Group
SELLER: Larry Battison
NAME: Battison Auto Group, Duncan, Okla.
MORE: The sale involved a Chevrolet-Buick-GMC store and a Chrysler-Dodge-Jeep store. Tim Lamb of Tim Lamb Group was the buy/sell consultant.
Young/Barber
BUYER: Spencer Young Jr., Young Automotive Group
SELLER: Barber family
OLD NAME: Barber Bros. Ford, Morgan, Utah
NEW NAME: Young Ford of Morgan
MORE: The Barber family has operated several dealerships for over 50 years. Young Automotive Group started in 1924 as Olsen Oldsmobile-Chevrolet in Morgan. With the latest acquisition, Young has increased its holdings in Utah to six rooftops and 10 franchises. Performance Brokerage Services handled the transaction.
